The "Zig Zag Stochastic" indicator is an indicator that uses a combination of zigzag pivot points and exponential smoothing to calculate a stochastic-like oscillator. The indicator starts by identifying pivot high and pivot low points in the price data using the Zigzag indicator. These pivot points are then used to calculate the scale_price, which is a ratio of...
As a trader, one of the most important aspects of technical analysis is identifying the dominant cycle of the market. The dominant cycle, also known as the market's "heartbeat," can provide valuable information on the current market trend and potential future price movements. One way to measure the dominant cycle is through the use of the MESA Adaptation - MAMA...
ABOUT THIS INDICATOR This indicator calculates the Stochastic RSI for the time frames 15 min, 30 min, 1h, 4h, and 12h. However, the 15 min time frame should always be the default time frame for your chart. IMPORTANT * NOTE! It's extremely important that the chosen time frame for your chart is 15 min. Otherwise the Stochastic RSI for the longer time frames won’t...
█ Description The indicator is the implementation of inverse fisher transform an indicator transform of the adaptive stochastic (dominant cycle), as in the Cycle Analytics for Trader pg. 198 (John F. Ehlers). Indicator transformation in brief means reshaping the indicator to be more interpretable. The inverse fisher transform is achieved by compressing...
This indicator shows more reliable overbought & oversold levels buy combing 3 different level-indicators (i.e., indicators showing overbought/oversold levels). A median is created by adjoining two of them and then it is assisted by a third one. This reduces noise in calculating entries when using level indicators. Note: The extra indicator shown is "Bands Bands...
A lot of people run both stochastic and rsi on one chart so I figured I would make something that combines the two. This script takes both the rsi and the stochastic, smooths them both and then plots them both on top of each other. I have filled it to make an error range and I colored it with the direction of its mean. I hope this frees up some room on your...
Vector Scaler is like Stochastic but it uses a different method to scale the input. The method is very similar to vector normalization but instead of keeping the "vector" we just sum the three points and average them. The blue line is the signal line and the orange line is the smoothed signal line. I have added the "J" line from the KDJ indicator to help spot...
Stochastic Buy Sell with EMA Trend is combination of two indicators only. The Stochastic Oscillator ( STOCH ) is a range bound momentum oscillator. The Stochastic indicator is designed to display the location of the close compared to the high/low range over a user defined number of periods. Typically, the Stochastic Oscillator is used for three things;...
This is Stochastic RSI but it uses smoothed RSI instead. You use it the same as any other Stochastic RSI :) The features in this scripts are: RSI Length, Extra Smoothing, Extra Smooth RSI Filter, Stochastic Length, and K and D. I hope you find this release useful! The Stochastic RSI indicator ( Stoch RSI ) is essentially an indicator of an indicator. It is used...
This is the Stochastic Oscillator but now instead of reading it raw we sum the stochastic over a window and then take the cumulative sum of the difference. This allows us to have a much smoother representation of the stochastic while seeing the true momentum relative to it. I hope you can find this useful! Refresher on Stochastic: Stochastics are range bound...
This is my attempt at making a Stochastic MACD indicator. To get this to work I have introduced a DC offset to the MACD histogram output. I figured that if theirs a Stochastic RSI their might as well be a Stochastic everything else! lmao enjoy. Honestly, from what I can tell it's even faster than Stochastic Smooth RSI. The Stochastic Oscillator (STOCH) is a...
In this indicator I have transformed the %K line into adjustable candles. Because of this I have increased the length of the %D line to be more useful in this context. It is worth noting that you get the same momentum indication as %D set to 4 just because of the default candle transform setting. Incase you need to brush up on how stoch works here is the built in...
As the terms global and local imply, global RSI describes broad relative strength, whereas local RSI describes local relative strength within the broad moves. A macro and micro view of relative strength so to speak. Global and local RSI are simply regular RSI and stochastic RSI. Local RSI extremes ( stochastic RSI oversold/overbought) often mark a pivot in RSI...
Here is a new screener for everyone. I have applied my Better Divergence On Any Indicator logic to scan 3 different indicators and up to 6 different assets at one time. Shoutout to LonesomeTheBlue and QuantNomad for their respective work on divergence and scanner scripts. I've implemented similar logic to put together this scanner. So far, I have added...
Introduction I modified the script "Fisher Stochastic Center of Gravity" of @DasanC for this indicator. I added inverse Fisher transform, cycle period adaptiveness mode (Ehlers) and smoothing to it. Moreover, I added buy and sell and beautified some stuff. Lastly, it is also non-repainting! Usage This indicator can be used like a normal stochastic, but I...
MTF Fantastic Stochastic (FS+) + Alerts This chart overlay indicator can signal multiple triple-timeframe Stochastic RSI overbought and oversold confluences directly onto your chart, intended for use as a confluence either for reversal trade entries, or potential trade exits, indicating where price may be probable to reverse. Features include: - Primary set...
RF+ Divergence Scalping System + Custom Signals + Alerts. This chart overlay indicator has been developed for the low timeframe divergence scalper. Built upon the realtime divergence drawing code from the Divergence for Many indicator originally authored by Lonsometheblue, this chart overlay indicator bundles several additional unique features and modifications...
Multi-timeframe Stochastic RSI + Realtime Divergences + Alerts + Pivot lookback periods. This version of the Stochastic RSI adds the following additional features to the stock UO by Tradingview: - Optional 3 x Multiple-timeframe overbought and oversold signals, indicating where 3 selected timeframes are all overbought (>80) or all oversold (<20) at the same...